SFGTV2: San Francisco Government Television
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Feb 1, 2013
02/13
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SFGTV2
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the environment is huge. it is stronger than willpower. surrounding yourself with artists, being in a culture where artists are driving, and where a huge amount of them is a healthy environment. >> you are making it safer. push, push. that is better. when i start thinking, i see it actually -- sometimes, i do not see it, but when i do, it is usually from the inside out. it is like watching something being spawned. you go in, and you begin to work, excavate, play with the dancers, and then things began to emerge. you may have a plan that this is what i want to create. here are the ideas i want to play with, but then, you go into the room, and there maybe some fertile ideas that are becoming manifest that are more interesting than the idea you had initially set out to plan. so there has to be this openness for spontaneity. also, a sense that regardless of the deadline, that you have tons of time so the you can keep your creativity alive and not cut it off and just go into old habits. it is a lot like listening. really listening to watch what
the environment is huge. it is stronger than willpower. surrounding yourself with artists, being in a culture where artists are driving, and where a huge amount of them is a healthy environment. >> you are making it safer. push, push. that is better. when i start thinking, i see it actually -- sometimes, i do not see it, but when i do, it is usually from the inside out. it is like watching something being spawned. you go in, and you begin to work, excavate, play with the dancers, and then...
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Jan 28, 2013
01/13
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MSNBCW
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and i've worked in the political environment. i was a county party chairman, the only female, in 1989. so what you have to have, and whether it's the military or whether it's corporate america, you've got to have a critical mass of women who are helping to raise up other women and to open those doors kind of to gently push up and to challenge. >> xerox, ibm, the new head of yahoo!. it's changing. >> and they're successful in their ventures, and they'll pave the way. >> and these are women that lean in and are not afraid of what it looks like. >> they're not afraid of getting it done. >> exactly. congresswoman marsha blackburn, thank you so much. >> good to be with you. >> thank you, marsha. >>> still ahead, putting the new in "new republic," the magazine that's been around since 1914 gets a face-lift. the magazine's publisher, chris hughes, and editor tfank, frank join us. ocker from the home depot... ...the best selling paint and primer in one that now eliminates stains. so it paints over stained surfaces, scuffed surfaces, just
and i've worked in the political environment. i was a county party chairman, the only female, in 1989. so what you have to have, and whether it's the military or whether it's corporate america, you've got to have a critical mass of women who are helping to raise up other women and to open those doors kind of to gently push up and to challenge. >> xerox, ibm, the new head of yahoo!. it's changing. >> and they're successful in their ventures, and they'll pave the way. >> and...
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Feb 1, 2013
02/13
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CSPAN2
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the last thing i will say is, we are now in an environment that all of the low-hanging fruit is gone, just being completely candid. people hate to hear that and people like to say the best thing you can do and that you can do, well, i completely appreciate those thoughts that we do live in a fiscal reality that is governed by agencies like cbo. we have to look at ideas that are scorable. and at this point once again i can only speak for my office and my boss, we are much more deeply engaged on entitlement reform side because we do believe that the end of the day if you really want to put an actual consistent downward pressure on health care cost, the way to do it is by reforming our entitlement system. and health care delivery reform is part of it but it's a two-part solution. it's not just a focus on one to make a look at the other because it's more tough to do at a later date. i think the time has now come to kind of swallow the tough medicine and start addressing both of these ideas together. >> from the other side of the aisle. >> i associate myself with most of the remarks had be
the last thing i will say is, we are now in an environment that all of the low-hanging fruit is gone, just being completely candid. people hate to hear that and people like to say the best thing you can do and that you can do, well, i completely appreciate those thoughts that we do live in a fiscal reality that is governed by agencies like cbo. we have to look at ideas that are scorable. and at this point once again i can only speak for my office and my boss, we are much more deeply engaged on...
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Jan 27, 2013
01/13
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republicans have a history of responsible stewardship of the environment. the hard right turn to the party from its own path and conservative panic you remake that that in the book. >> you talk about the 20 tens house of representatives and focus on republicans. you also look at democrats in regards to anti-legislation? >> a handful tended to be from fossil fuel states that are reliant on the shows of the past. upper trying to say is we need to continue to invest in the country in renewable fuels and efficient he is solar and wind and we make that case while we continue to makewar on this country, oil and gas needs to be moving towards cleaner, safer, more sustainable fuel. not overnight, but over time. >> as president obama does enough in terms of environmental regulation? >> president obama has worked hard to make progress, but there's a lot more to be done. president obama worked hard with the automakers to double the fuel efficiency of our cars by 2025. that is going to save consumers $100 a year at the pump. that's good progress. in opportunity he has
republicans have a history of responsible stewardship of the environment. the hard right turn to the party from its own path and conservative panic you remake that that in the book. >> you talk about the 20 tens house of representatives and focus on republicans. you also look at democrats in regards to anti-legislation? >> a handful tended to be from fossil fuel states that are reliant on the shows of the past. upper trying to say is we need to continue to invest in the country in...
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Jan 28, 2013
01/13
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CNBC
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consumers are continuing to face economic challenges and this uncertain economic environment sn environment. >> you know, jackie just mentioned coach. you will bring us through some winners and sinners too. >> everyone is in on this trade. the last five years haven't been the best on the 50e cannot my but a little retail therapy helped investors along the way. since 2007, three of the top ten of the s&p 500 are consumer discretionary companies. also, making up nearly half of the 42 component that have doubled in that time period with those bar bell retail traids providing investors with the highest returns. discounters including ross stores, tjx, dollar tree and family dollar, all gaining a hundred percent or more since the october 2007 peak, but so too have ralph lauren and fossil on the high ends. on the dow, home depot come in as the top performer. wal-mart number four. so home depot and wal-mart are two that are up double digits. consumer discretionary groups, both leading the broader s&p 500. but the bulk of retail earners are yet to hit the tape. that could change everything. especial
consumers are continuing to face economic challenges and this uncertain economic environment sn environment. >> you know, jackie just mentioned coach. you will bring us through some winners and sinners too. >> everyone is in on this trade. the last five years haven't been the best on the 50e cannot my but a little retail therapy helped investors along the way. since 2007, three of the top ten of the s&p 500 are consumer discretionary companies. also, making up nearly half of the...
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Jan 29, 2013
01/13
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the pricing environment in the u.s. seems to be healthy and that's our expectations going through 2013. >> as you take a look at shares of ford, keep this in mind. it's a stock while down 5% this year, up 6.5% last year. a the lo are saying this the evaluation play for now. until definite that they will move higher you might be getting ahead of yourself. you have a guest later that might say buy now but that's the evaluation. >> over at stern senior analyst mike ward from that firm joins us now. he's got a buy on the stock. mike, what is the single or most one or two powerful arguments you've got for our audience about why they need to spend their hard earned money on ford stock. >> thanks for having me. first off in europe, mentioned the company did expect a loss of $2 billion in 2013. about half of that or close to a billion dollars, one-time unusual charges that won't occur again in 2014. ford is being very proactive in its restructuring in europe. that's good news. >> sorry, go ahead. >> i'm sorry, go ahead. the sec
the pricing environment in the u.s. seems to be healthy and that's our expectations going through 2013. >> as you take a look at shares of ford, keep this in mind. it's a stock while down 5% this year, up 6.5% last year. a the lo are saying this the evaluation play for now. until definite that they will move higher you might be getting ahead of yourself. you have a guest later that might say buy now but that's the evaluation. >> over at stern senior analyst mike ward from that firm...
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Jan 27, 2013
01/13
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it's a collection of scholarly and journalistic articles about the taliban and it environment in southern afghanistan and western pakistan. and it was born as an attempt at new america by a diverse group of researchers to try to get at some of the diversity of the taliban itself at a time when the united states was really puzzling over its resurgence as a movement, as a political force in afghanistan, as a military challenge, and really a challenge that had been neglected in the years after the 2001 defeat of the islamic emirates of afghanistan in which revived and presented itself as a really grave dilemma to the obama administration as it arrived in 2009. and so our effort was to do what think tanks do which is just to try to provide some ground truth and some complexity and granularity about this phenomenon, recognizing that the sort of clicheed iml imagine of a one-eyed mullah and his band of devoted and intractable fanatics was inadequate and really a falsifying of the problem. so the purpose was not to prosecute a particular view of the taliban, but just to start to document some se
it's a collection of scholarly and journalistic articles about the taliban and it environment in southern afghanistan and western pakistan. and it was born as an attempt at new america by a diverse group of researchers to try to get at some of the diversity of the taliban itself at a time when the united states was really puzzling over its resurgence as a movement, as a political force in afghanistan, as a military challenge, and really a challenge that had been neglected in the years after the...
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Jan 30, 2013
01/13
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article, and i think peter fisher was quoted in that article, there is a very sound point to a low-rate environment and banks effectively being unwilling to lend at these low rates. i think that is a fantastic point for the near term. more long-term, our real worry is about the exit. >> susie: real quickly, i want to ask you about the jobs report that comes out on friday because more people get jobs, it is good for the economy. >> right. >> susie: might there be a surprise that more hiring is going on? >> we do not expect any surprises, at least not any upward surprises. it is interesting, almost over any time bucket over the last year, the average job gain has been about 150,000 mer month. 150,000 -- per month. where the aggregate demand hasn't picked up, companies are not picking up the hiring. we're looking for 150,000 a month, per average. >> susie: that's kind of look warm, but thank you, tom for coming on the show. we've been talking with tom porcelli, chief mist at rbc cap >> tom: despite a strong end to the year, ford stock fell more than 4.5% today. the concern is, ford doesn't think this
article, and i think peter fisher was quoted in that article, there is a very sound point to a low-rate environment and banks effectively being unwilling to lend at these low rates. i think that is a fantastic point for the near term. more long-term, our real worry is about the exit. >> susie: real quickly, i want to ask you about the jobs report that comes out on friday because more people get jobs, it is good for the economy. >> right. >> susie: might there be a surprise...
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Jan 24, 2013
01/13
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CNBC
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour the house passes a bill to suspend the debt ceiling but the spending sequester cuts are still set to kick in on march 1st and i hope they do. now house speaker john boehner says president obama is out to annihilate the republican party. we'll talk about all that with new hampshire senator kelly ayotte and our political panel in just a few moments. >> also, big time golfers phil mickelson, tiger woods, lebron james and derek jeter are all supply siders. we'll explain that later this hour. >> i wasn't involved in the talking points process. as i understand it, as i've been told, it was a typical interagency process where staff, including from the state department all participated to try to come up with whatever
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> welcome back to "the kudlow report." i'm larry kudlow. in this half hour the house passes a bill to suspend the debt ceiling but the spending sequester cuts are still set to kick in on march 1st and i hope they do. now house speaker...
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Jan 24, 2013
01/13
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WJZ
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something else, i think that disparity begins to establish a psychology that in some cases led to that environment. i have to believe the more we can treat people equally, the more likely they are to treat each other equally. >> reporter: the decision comes nearly two and a half years after the repeal of another ban "don't ask, don't tell" which barred gays and lesbians from openly serving in the military. >> ifill: for more on how this came together, and what comes >> brown: still to come on the newshour: confirmation hearings for secretary of state nominee john kerry ... china's growth bubble ... and an online "fireside chat" with vice president biden. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: president obama announced his nominees today to run two key financial regulatory agencies. he tapped mary jo white to chair the securities and exchange commission. she's a former federal prosecutor in new york, with a long record of prosecuting financial fraud and other white- collar crimes. >> if confirmed by the senate, i look forward to committing all of my energies
something else, i think that disparity begins to establish a psychology that in some cases led to that environment. i have to believe the more we can treat people equally, the more likely they are to treat each other equally. >> reporter: the decision comes nearly two and a half years after the repeal of another ban "don't ask, don't tell" which barred gays and lesbians from openly serving in the military. >> ifill: for more on how this came together, and what comes...
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Jan 30, 2013
01/13
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WJZ
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article, and i think peter fisher was quoted in that article, there is a very sound point to a low-rate environment and banks effectively being unwilling to lend at these low rates. i think that is a fantastic point for the near term. more long-term, our real worry is about the exit. >> susie: real quickly, i want to ask you about the jobs report that comes out on friday because more people get jobs, it is good for the economy. >> right. >> susie: might there be a surprise that more hiring is going on? >> we do not expect any surprises, at least not any upward surprises. it is interesting, almost over any time bucket over the last year the average job gain has been about 150,000 mer month. 150,000 -- per month. where the aggregate demand hasn't picked up companies are not picking up the hiring. we're looking for 150,000 a month per average. >> susie: that's kind of look warm but thank you, tom for coming on the show. we've been talking with tom porcelli, chief mist at rbc cap >> tom: despite a strong end to the year, ford stock fell more than 4.5% today. the concern is, ford doesn't think this year
article, and i think peter fisher was quoted in that article, there is a very sound point to a low-rate environment and banks effectively being unwilling to lend at these low rates. i think that is a fantastic point for the near term. more long-term, our real worry is about the exit. >> susie: real quickly, i want to ask you about the jobs report that comes out on friday because more people get jobs, it is good for the economy. >> right. >> susie: might there be a surprise...
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Jan 31, 2013
01/13
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CSPAN
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you could find yourself in a lawless environment in this country. the story was about a place called koreatown. there are marauding gangs going through the area burning stores, looting and robbing. the vice-president said in response to me, he said, no, you would be better off with a 12 gauge shotgun. that is his opinion, and i respect it. i have an ar-15 at home and i have not hurt anybody and i do not intend to, but i would be better off protecting my family if there was law-and-order breakdown in my neighborhood. i do not think that makes me an unreasonable person. mr. trotter when you say you speak on behalf of millions of women out there who believe an ar-15 makes them safer, there were a lot of giggles in the room, and that explains the dilemma. the people who were giggling were saying to you, that is crazy. nobody i know thinks that way. which reminds me of the harvard professor who said i cannot believe mcgovern lost. everyone i knew voted for him. i bet there are people on our side that cannot believe obama won because everyone they know vo
you could find yourself in a lawless environment in this country. the story was about a place called koreatown. there are marauding gangs going through the area burning stores, looting and robbing. the vice-president said in response to me, he said, no, you would be better off with a 12 gauge shotgun. that is his opinion, and i respect it. i have an ar-15 at home and i have not hurt anybody and i do not intend to, but i would be better off protecting my family if there was law-and-order...
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Jan 25, 2013
01/13
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CNBC
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we set expectations below normal seasonal guidance out of respect for that environment. and what really happened, the sequential story is very, very strong. the numbers you talked about t even organically speaking, we included some m&a, but t even organically speaking, we were ahead of normal expectations, particularly on you are i.t. business. and what i would tell you is there was certainly a factor of that delay and deferral we talked about in september that actually came in strong in december. >> well, look, you go over the conference calls pretty extraordinary. you talk about europe. you say a lot of it's eastern europe, uk and germany. i mean, there had been weak demand for two years, but demand grew 20%? how is that possible? >> no, it was somewhat aided by a recent acquisition we closed early in the quarter overall. what i would tell you is on an organic basis, our european computer business is still down double digits year-on-year, though. >> that's fair, but you did say positive things about how this month's going. for your company and also that inventory's low
we set expectations below normal seasonal guidance out of respect for that environment. and what really happened, the sequential story is very, very strong. the numbers you talked about t even organically speaking, we included some m&a, but t even organically speaking, we were ahead of normal expectations, particularly on you are i.t. business. and what i would tell you is there was certainly a factor of that delay and deferral we talked about in september that actually came in strong in...
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Feb 1, 2013
02/13
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it is very different than the environment we have grown up then. the ability to take the benefit and roll it together, when you start to think about retirement projections, you really have a comprehensive view of what you have accumulated and you continue to build on that. we have studied participants age 20 to age 24 and 51% never engage in a plan at all. 4% of this population will cash out, i'm sorry, 24%. 33%, maybe they get to 4% from a cash them out, they will never accumulate a retirement. >> i would like to touch base on a couple of things. financial literacy, the pension committee and we need to have financial literacy education. i forgot who assigned you, was a senator and the aid reign i would like to have your students work on a math curriculum uses all of the issues and the retirement to teach math also teach financial literacy at the same time. because we used to have shop and home back and pole is home economics. so there is a place for us to help kids understand the world they are going into. so they don't get in trouble with credit
it is very different than the environment we have grown up then. the ability to take the benefit and roll it together, when you start to think about retirement projections, you really have a comprehensive view of what you have accumulated and you continue to build on that. we have studied participants age 20 to age 24 and 51% never engage in a plan at all. 4% of this population will cash out, i'm sorry, 24%. 33%, maybe they get to 4% from a cash them out, they will never accumulate a...
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Jan 24, 2013
01/13
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CNBC
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now we've got the right costs for the new environment we're in. and is this a cross to the board picture? >> definitely. banking ultimately is such for the underlying economy. so i think it doesn't take an economy to tell us that the next couple of years is going to be choppy and not the growth we've had for the last 20 years. banking has to go back to basics. fist, think about your revenue and cost base. here on the cost base, huge improvements. they've always been unmanaged because the revenue is growing so, you know, clearly matched to pay people twice as much as we have to. today, people working from i.t. to legal to front office staff to traders, everyone in my view is clearly overbased. given the number of job opportunities that are there, i think banks cap capitalization. they should tell management, cut your costs. and i am sure people would be very happy. >> we're going to see a lot more come on the compensation levels. how should they measure compensation? particularly in banking? >> certainly. so first of all, up to now in investment ba
now we've got the right costs for the new environment we're in. and is this a cross to the board picture? >> definitely. banking ultimately is such for the underlying economy. so i think it doesn't take an economy to tell us that the next couple of years is going to be choppy and not the growth we've had for the last 20 years. banking has to go back to basics. fist, think about your revenue and cost base. here on the cost base, huge improvements. they've always been unmanaged because the...
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Jan 29, 2013
01/13
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. >> the environment there continues to be very, very tough. we do think, perhaps, it's a trough in '12 and '13 but we'll have to wait and see. >> that's the bad news. the good news for ford continues to be in north america. look at the profits, $1.872 billion in the fourth quarter. that's almost a billion dollars more than the fourth quarter last year. profit margins above 10%. that's impressive especially in an auto industry where 7 and 8% in north america used to be considered good. what's driving north america, stronger pricing, stronger sales. the profit margins, however, this is one thing that concerns people, the profit margins are expected to stay level in 2013, not grow in north america. still over 10% is impressive for a company a few years ago had no profit margins. >> very good point. phil, thank you. twinkies, one step closer to a new home. private firm apollo and metro polos a looking at a deal to buy from hostess. they are reporting that bid will be more than $400 million. so far everyone involved has declined to comment. we are
. >> the environment there continues to be very, very tough. we do think, perhaps, it's a trough in '12 and '13 but we'll have to wait and see. >> that's the bad news. the good news for ford continues to be in north america. look at the profits, $1.872 billion in the fourth quarter. that's almost a billion dollars more than the fourth quarter last year. profit margins above 10%. that's impressive especially in an auto industry where 7 and 8% in north america used to be considered...
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Jan 25, 2013
01/13
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CNBC
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of course, it's a challenging environment. but i think it's something that is quite possible to happen. >> i was looking at some numbers and nearly 1% gdp growth this year is the target for growth in mexico. that's four times the pace of brazil. double the united states. because of that, you're seeing this huge inflow in money and business activity. are those targets accurate? >> yeah. i think this year we should be in the range between 3 1/2 and 4% growth. and it is a good growth rate if you compare it with other countries in the world with some latin countries in the continent. but it's not enough. mexico is still an emerging country. we have a substantial amount of people still in poverty. and we need the to grow faster and at a steady te that's why productivity is so important. and we have fantastic samples of competitive in mexico. we need to make productivity something that is variable to the overall pop laying to the majority of mexico. and that's why it's important to do this crosswide reforms that can have a broad imp
of course, it's a challenging environment. but i think it's something that is quite possible to happen. >> i was looking at some numbers and nearly 1% gdp growth this year is the target for growth in mexico. that's four times the pace of brazil. double the united states. because of that, you're seeing this huge inflow in money and business activity. are those targets accurate? >> yeah. i think this year we should be in the range between 3 1/2 and 4% growth. and it is a good growth...
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Feb 1, 2013
02/13
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CNBC
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i mean, it's a different political environment here. and we're going to see a more active justice department, particularly with big mergers like this. and so it's -- yeah, big surprise. it probably shouldn't have been. >> harry, the u.s. beer market is important, of course, for corona. i presume ab inbev are looking at this. that, i presume, is the big thing at stake. so is it in their interests here to just come to an agreement so they can still make corona a big selling global beer? >> yeah, i think so. but it kind of sdpendz depends on how big the concession has to be. you know, if they have to give up the brewery which is their largest right on the border, ab has indicated that could be a deal breaker. so it just depends on how big the package is. >> we'll see what happens. harry, thanks for joining us. all right. u.s. futures are called higher. the s&p having its best month since, what, late 2011. and the nasdaq is currently -- the dow is currently kaut called up 65 points. the nasdaq you called up 11.57 points and the s&p up 5 poi
i mean, it's a different political environment here. and we're going to see a more active justice department, particularly with big mergers like this. and so it's -- yeah, big surprise. it probably shouldn't have been. >> harry, the u.s. beer market is important, of course, for corona. i presume ab inbev are looking at this. that, i presume, is the big thing at stake. so is it in their interests here to just come to an agreement so they can still make corona a big selling global beer?...
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in that kind of an environment, you have to continue to be supportive. when you look at the payroll tax, that takes a considerable chunk off. you have to sequester that will take off an equal amount. we have to be careful not to overdo it. connell: the payroll tax, we have seen some confident numbers this week. i do want to bring it back to the present day, literally, and get your take on the jobs report what is your take? >> the upward revisions, as you say, are spot on. believe it or not, the unemployment rate picks up while we are still creating jobs. it makes the federal reserve more anxious to continue to support the economy. i do not think the details of it were bad. let's not lose sight of the fact that the three-month moving average is much stronger than it was. the fundamentals really do not look that bad on this report. connell: that is important. anthony, always good to have you. thanks a lot. >> pleasure. dagen: next, we are talking cars. the auto makers reporting sales for last month and still going strong. connell: we will talk about the ap
in that kind of an environment, you have to continue to be supportive. when you look at the payroll tax, that takes a considerable chunk off. you have to sequester that will take off an equal amount. we have to be careful not to overdo it. connell: the payroll tax, we have seen some confident numbers this week. i do want to bring it back to the present day, literally, and get your take on the jobs report what is your take? >> the upward revisions, as you say, are spot on. believe it or...
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Jan 30, 2013
01/13
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CNBC
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in this environment it's not going to happen. >> to bring you back, is there any sense at all that the full in borrowing cost for the spanish government is going to feed through into the wider economy? i spoke on friday to the economic affairs minister. he told me this is what's going to happen -- now that borrowing costs are down it will feed through to the real economy. do you think that's going to happen or not? >> i hope yes because really we need some new measures. and we need some help to keep on growing again, as i was saying before. really, the -- what's going to say prime minister to all the investors. we have problems in the banking system with banking as you tell before. we have problem with the bank, and we need to -- a solution, to solve. with the meeting this morning with the president of the euro group, mr. junker, not tell any news about how will be the new measure. we are waiting and waiting and hoping that the new measures could be really strong, could be really positive. almost -- almost we're wishful that we could see cuts for the entrepreneurs, from the small and m
in this environment it's not going to happen. >> to bring you back, is there any sense at all that the full in borrowing cost for the spanish government is going to feed through into the wider economy? i spoke on friday to the economic affairs minister. he told me this is what's going to happen -- now that borrowing costs are down it will feed through to the real economy. do you think that's going to happen or not? >> i hope yes because really we need some new measures. and we need...
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Jan 24, 2013
01/13
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CSPAN
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it is a different environment that requires a different level of physical stam ma. we want to make sure we get the standards right. we don't want to over engineer them either, they ought to be fair. then we allow individuals of any sex to compete for the position. >> is it just physical standards? >> no, it not just physical standards. the standards we have for occupational -- for these military occupations or the military calls them ratings they including the from mental standards to physical standards. but physical standards are the one that people focus on. >> what about privacy? >> we can fix out privacy. by the way, desert shield, desert storm 1991 h we did live in that environment where we were somewhat in the zests and we figured out privacy. we can do that. >> the fact is, women are now in the ranks and that was the concern of the time. but we've been able to adapt to that situation. women are fighter pilots, air force, navy, have moved in that direction. marines and the army, obviously are going to move in the same direction. they are going to be -- there w
it is a different environment that requires a different level of physical stam ma. we want to make sure we get the standards right. we don't want to over engineer them either, they ought to be fair. then we allow individuals of any sex to compete for the position. >> is it just physical standards? >> no, it not just physical standards. the standards we have for occupational -- for these military occupations or the military calls them ratings they including the from mental standards...
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Jan 25, 2013
01/13
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something else, i think that disparity begins to establish a psychology that in some cases led to that environment. i have to believe the more we can treat people equally, the more likely they are to treat each other equally. >> reporter: the decision comes nearly two and a half years after the repeal of another ban "don't ask, don't tell" which barred gays and lesbians from openly serving in the military. >> ifill: for more on how this came together, and what comes >> brown: still to come on the newshour: confirmation hearings for secretary of state nominee john kerry ... china's growth bubble ... and an online "fireside chat" with vice president biden. but first, the other news of the day. here's hari sreenivasan. >> sreenivasan: president obama announced his nominees today to run two key financial regulatory agencies. he tapped mary jo white to chair the securities and exchange commission. she's a former federal prosecutor in new york, with a long record of prosecuting financial fraud and other white- collar crimes. >> if confirmed by the senate, i look forward to committing all of my energies
something else, i think that disparity begins to establish a psychology that in some cases led to that environment. i have to believe the more we can treat people equally, the more likely they are to treat each other equally. >> reporter: the decision comes nearly two and a half years after the repeal of another ban "don't ask, don't tell" which barred gays and lesbians from openly serving in the military. >> ifill: for more on how this came together, and what comes...
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Jan 29, 2013
01/13
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the republican party is now focused on trying to be responsible about what kind of fiscal environment we leave to our children and grandchildren, which i think is good in general terms. and so we're very worried about the deficit and what kind of deficit we're going to be leaving to our heirs. there is a national security deficit that is growing and that will continue to grow. of it's a particularly american conceit that the world goes away or stops when we stop paying attention to it. the fact of the matter is that the problems that we see in the world will not go away. we don't cause them by looking at them, and we can't stop them by ignoring them. the enemies who want to kill us -- and it's amazing to me how comfortably we forget the fact that there are large groups including the entire state of iran where leaders wake up every or day and ask themselves what can i do to kill americans today? that's not a period of wars receding. but back to consensus reality, if we agree that it is, then we will leave for our children an incredibly dangerous world. we will have missed many opportun
the republican party is now focused on trying to be responsible about what kind of fiscal environment we leave to our children and grandchildren, which i think is good in general terms. and so we're very worried about the deficit and what kind of deficit we're going to be leaving to our heirs. there is a national security deficit that is growing and that will continue to grow. of it's a particularly american conceit that the world goes away or stops when we stop paying attention to it. the fact...
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Jan 25, 2013
01/13
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>> i have been very attuned to the environment in which threats are occurring, the intelligence that is available. certainly not the specific requests and decision making that rests with a security professionals. >> regarding security professionals is their anybody in the security department that is responsible for reviewing the itinerary of the ambassadors in advance to determine whether there is an undue threat to their safety? >> the general answer to that is no. ambassadors are given what is called a chief of mission of already. ambassadors, especially those that we ask to go to dangerous posts are pretty independent folks. some of them might say what do you think about this or that most of them make their own decisions. i don't think that it would have crossed his mind. robert who served as our ambassador to syria went out on numerous occasions to talk to the opposition before we pulled them out of damascus. we had coming you know, very brave ambassadors, like ryan crocker, one of our very best who it would be very difficult to say you can't do this even though you decided you s
>> i have been very attuned to the environment in which threats are occurring, the intelligence that is available. certainly not the specific requests and decision making that rests with a security professionals. >> regarding security professionals is their anybody in the security department that is responsible for reviewing the itinerary of the ambassadors in advance to determine whether there is an undue threat to their safety? >> the general answer to that is no....
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Jan 25, 2013
01/13
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we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> good morning. welcome back to "squawk on the street." look at shares of halliburton, popping higher after releasing the fourth quarter earnings report. revenue higher than expectations as well. comments on the outlook contributing to gains today. the company saying it sees 2013 eastern hemisphere margins averaging in the upper teens. that forecast better than expectations. the stock popping more than 4%. >> thank you very much, jackie. in the last 30 minutes, bright horizons family solutions surged on the big board debut at the nyse. bfam is the ticker. currently trading, up $6.25. joining us on a first cnbc interview, david lissy. good morning. congratulations. >> good morning, simon. good to be here. >> you had a two-week road show. how difficult a sale was this to people? >> we'
we need to protect their environment. we have a strict quarantine system to protect the integrity of the environment. forty years on, it's still a class-a nature reserve. it's our job to look after them. ...it's my job to look after it. ♪ >>> good morning. welcome back to "squawk on the street." look at shares of halliburton, popping higher after releasing the fourth quarter earnings report. revenue higher than expectations as well. comments on the outlook contributing to...
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Feb 1, 2013
02/13
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we are helping human rights activist in an impressive internet environment get on line and communicate. because the country that built the internet ought to be leading the fight to protect it from those who would censor it or use it as a tool of control. second are nonprolifnonprolif eration agenda. negotiating the new s.t.a.r.t. treaty with russia was example of traditional diplomacy at its best. been working then working it through the congress was an example of traditional bipartisan support at its best. but we also have been working with partners around the world to create a new institution, the nuclear security summit, to keep dangerous materials out of the hands of terrorists. we conducted intensive diplomacy with major powers to impose crippling sanctions against iran and north korea but to enforce the sanctions we also enlisted banks, insurance companies in high-tech international financial institutions and today iran's oil tankers sit idle and its currency has taken a massive hit. this brings me to a third lever, economics. everyone knows how important it is. but not long ago
we are helping human rights activist in an impressive internet environment get on line and communicate. because the country that built the internet ought to be leading the fight to protect it from those who would censor it or use it as a tool of control. second are nonprolifnonprolif eration agenda. negotiating the new s.t.a.r.t. treaty with russia was example of traditional diplomacy at its best. been working then working it through the congress was an example of traditional bipartisan support...
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Jan 24, 2013
01/13
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that you need long-term stable environments. because when we look into plants or other investments we look out 10, 15 years. >> sounds like you're saying it was a mistake to make this speech. >> i'm not saying anything. you're asking me how do i believe investment positions could be affected. >> the other topic we've been talking about has been energy and energy policy in the united states. and it was making me think given the possibility of fracking and shale and everything else going on, does that give you any sense that you would make additional investments in the united states? >> andrew, already done. i think what we've seen in the united states is a great example that the energy direction of the united states is really competitiveness agenda. we see reindustrialization initiatives already happening. chemicals are coming back to the u.s. we will see further industrial build-out coming back to the united states. for us in twofolds it's a great growth business opportunities, for big and most modern gas turbine plant which we
that you need long-term stable environments. because when we look into plants or other investments we look out 10, 15 years. >> sounds like you're saying it was a mistake to make this speech. >> i'm not saying anything. you're asking me how do i believe investment positions could be affected. >> the other topic we've been talking about has been energy and energy policy in the united states. and it was making me think given the possibility of fracking and shale and everything...
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Jan 25, 2013
01/13
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and you'll see lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free 30--day trial offer. you'll also get a free informational dvd and brochure. why wait? hear today what a little lyric can do for you. get the hearing aid that can. lyric from phonak. lyric can. stuart: the dow is on the upside, 22 points, still up, within 300 points, close to its all-time high. no eve dating of the question. just because you have a tie on doesn't mean you can debate the question, when does the dow crossed 13,000? before the day after it happened. sometimes this year. that is a huge number. play around with it and pull back and all that stuff but it will happen sometime this year and wh
and you'll see lyric can also give you exceptionally clear, natural sound in quiet and noisy environments because of how it works with your ear's own anatomy. (testimonial section) (testimonial section) (testimonial section) (testimonial section) (testimonial section) did you know, 94% of people who use lyric would recommend lyric to a friend or loved one. can your hearing aid do all this? lyric can. to learn more about lyric's advanced technology, call or visit trylyric.com for a risk--free...
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Jan 25, 2013
01/13
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in the tight budget environment with the so many competing american priorities, i would ask you to give considerable thought in to limiting significantly resources that would not help us as an economy or country, and not help us globally in perhaps the efforts you might be pursuing there. i dmont if you have specific thoughts? >> i do. i have a lot of specific thoughts. more than we have time for now. i'm not going abuse the privilege. ly say this to you, the solution to climate change is energy policy, and the opportunity of energy policy so vastly outweigh the downsides that you're expressing concern about, and i will spend a lot of time trying to persuade you and other colleagues in this. you want to do business and do it well in america? we've got get to the energy race. other countries are in it. i can tell you massachusetts that the fastest growing sector of our economy is clean energy and energy e fresh sei in -- efficiency in companies. they are growing faster than any other sector. the same is true in california. this is a job creator. i can't emphasize that strongly enough. th
in the tight budget environment with the so many competing american priorities, i would ask you to give considerable thought in to limiting significantly resources that would not help us as an economy or country, and not help us globally in perhaps the efforts you might be pursuing there. i dmont if you have specific thoughts? >> i do. i have a lot of specific thoughts. more than we have time for now. i'm not going abuse the privilege. ly say this to you, the solution to climate change is...
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Jan 31, 2013
01/13
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in terms of the environment for a housing ipo, this could be a very good day. already, they had to increase the size of the offering they prize above the range, $17, putting the valuation of the company more than $500 million t is going to trade at the post right behind us, we will get the inside scoop on where this thing looks like it will open. >> california this is a california home builder, san francisco area. also southern. look, when you go to the website, they are selling them like hot cakes. >> single-family homes. >> what does that say? california home builder going public? >> my, how far we've come. >> pulte's down, jim. >> pulte is down, jim. >> thank you. thank you for that wet blanket. that wet electric blanket. >> a wet signed blanket. >> anything else you need me to tell you? >> whatever you want. >> speaking of housing, we are going to talk to fettig from whirlpool in the 11 this morning. pricing is getting better but volume is not matching at all what new homes are doing. >> surprising, low single digits, the companies make a lot of money. they
in terms of the environment for a housing ipo, this could be a very good day. already, they had to increase the size of the offering they prize above the range, $17, putting the valuation of the company more than $500 million t is going to trade at the post right behind us, we will get the inside scoop on where this thing looks like it will open. >> california this is a california home builder, san francisco area. also southern. look, when you go to the website, they are selling them like...
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Jan 29, 2013
01/13
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one is we still want an environment and policies that support medical innovation. two, we want to also make sure that we have policies that support the improvement of the quality of health care in this country. and third, we also want policies that support the competitiveness of u.s. businesses. if we're able to generate policies that engender that and foster that kind of general we think we can have a very conducive pharmaceutical industry and biotech industry in this country. >> i have a question for you. this is a layman's question. are you finding, what's the split of revenue for domestic versus international and are you growing faster domestically or internationally and in the international markets you face a lot of regulatory pressure that you don't that's different than what you see here? that's three questions in one. >> today our business is split about 50/50. half the business in the u.s., and half outside the u.s. from a regulatory standpoint we've seen a harmonization between the u.s. and europe. obviously in some of the more developed markets like chin
one is we still want an environment and policies that support medical innovation. two, we want to also make sure that we have policies that support the improvement of the quality of health care in this country. and third, we also want policies that support the competitiveness of u.s. businesses. if we're able to generate policies that engender that and foster that kind of general we think we can have a very conducive pharmaceutical industry and biotech industry in this country. >> i have...
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Jan 25, 2013
01/13
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>> the commodity environment we saw the last few years. certainly a better environment from a foreign exchange standpoint. multinational company earning profits. >> forex. and europe is better? >> europe, northern europe is pretty good. southern europe is still a challenge, because your previous guest would indicate. >> all right. you don't sell a lot of soap in certain countries over there. no, i'm kidding! i don't mean to -- i don't mean, you know, deodorant in one country in particular. let me think, anything else, jon, china? how's asia? >> asia is good. china is good. we grew high single digits in china. we expect that to accelerate as the year progresses. so generally our developing market business is very healthy. we grew 7% overall. 11% in the brick markets. over 20% in brazil and india. so that continues to be where a disproportionate amount of growth is coming. at the same time we're strengthening our develop market business which is starting to accelerate a little bit. >> thanks, john. hope to see you again next quarter so we ca
>> the commodity environment we saw the last few years. certainly a better environment from a foreign exchange standpoint. multinational company earning profits. >> forex. and europe is better? >> europe, northern europe is pretty good. southern europe is still a challenge, because your previous guest would indicate. >> all right. you don't sell a lot of soap in certain countries over there. no, i'm kidding! i don't mean to -- i don't mean, you know, deodorant in one...
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Feb 1, 2013
02/13
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to what degree, particularly with the gun legislation in a year or two, do we end up in environment where some legislation passes that is popular not only politically but with a large part of the nra membership -- at what point do you see organizations actually changing their political outlooks and prerogatives that reflects -- a way that reflects more the grass roots and not so much the gun manufacturers or big industries or the manufacturers? >> first, i reject the claim that there is any gun-control legislation that will be passed the will be popular among our supporters. what it will do is energize our base. our base is extremely focused on what is going on in congress. they are extremely passionate and have a lot of energy. they will generate a higher level of interest in the 2014 elections, and we will able to capture that energy and spirit accordingly in the elections -- steer it accordingly in the elections. >> terrific. well, we have reached the end of our time, so i asked you to join me in thanking our panel -- sara chieffo, david kirby, brandon davis, and glen caroline. [applau
to what degree, particularly with the gun legislation in a year or two, do we end up in environment where some legislation passes that is popular not only politically but with a large part of the nra membership -- at what point do you see organizations actually changing their political outlooks and prerogatives that reflects -- a way that reflects more the grass roots and not so much the gun manufacturers or big industries or the manufacturers? >> first, i reject the claim that there is...
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Feb 1, 2013
02/13
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the subprime leaching into the environment. that hasn't happened here anywhere. as you noted, companies are leaner, meaner, and as a result, can handle any kind of volatility much better. they've learned, unfortunately, through a very bad experience how to do that. number three, parts of the world are not participating. europe economically, china picking up now from a lower point, countries like india struggling. so there are other parts of the world that could do better and join in on the earnings growth. the last one, an an important one, is what are your comparative yields elsewhere. where are your alternatives in terms of investing. and the valuation today, if you look at what we call the normalized earnings gap, take 10-year average earnings, inverted pe, you look at the bond yield five years into the future based on futures contract, you're at a level now that would argue 97% of the market gains in the next six months. >> let me pick up on that yield argument. because the logical conclusion, as sure as day follows night, from what you're saying, this optimi
the subprime leaching into the environment. that hasn't happened here anywhere. as you noted, companies are leaner, meaner, and as a result, can handle any kind of volatility much better. they've learned, unfortunately, through a very bad experience how to do that. number three, parts of the world are not participating. europe economically, china picking up now from a lower point, countries like india struggling. so there are other parts of the world that could do better and join in on the...
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Jan 28, 2013
01/13
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retailers, we're operating within the irish domestic market exclusively, it's a very, very different environment with awkward rent reviews, public sector costs are highly uncompetitive right across costs such as wages. other local authority charges on retailers in particular and those with large industrial premises within the country and we also have a domestic mortgage crisis with the banks. >> now, ryanair shares are under pressure today. you can see they're trading down by better than 2%, in fact, taking the sector down, too. ez-jet is one of the worst performers on the stoxx 600 today. ryanair is roughly flat over the past seven days, so marginally higher from where we were a week ago on the back of those comments. >>> we are going to head out to tokyo as toyota reclaims the crown from gm as the world's biggest carmaker. we'll get the latest from egypt as president morsi declares a month-long state of emergency. dozens of people have been killed over anti-government protests. we'll take a view on equities, too. the dow, as we said, is on pace for its best january since 1989. and, again, for
retailers, we're operating within the irish domestic market exclusively, it's a very, very different environment with awkward rent reviews, public sector costs are highly uncompetitive right across costs such as wages. other local authority charges on retailers in particular and those with large industrial premises within the country and we also have a domestic mortgage crisis with the banks. >> now, ryanair shares are under pressure today. you can see they're trading down by better than...
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Jan 25, 2013
01/13
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it is a different environment that requires a different level of physical stamina. we want to make sure we get the standards right. we don't want to over engineer them either, they ought to be fair. then we allow individuals of any sex to compete for the position. >> is it just physical standards? >> no, it not just physical standards. the standards we have for occupational -- for these military occupations or the military calls them ratings they including the from mental standards to physical standards. but physical standards are the one that people focus on. >> what about privacy? >> we can fix out privacy. by the way, desert shield, desert storm 1991 h we did live in that environment where we were somewhat in the zests and we figured out privacy. we can do that. >> the fact is, women are now in the ranks and that was the concern of the time. -- women are now in submarines. but we've been able to adapt to that situation. women are fighter pilots, air force, navy, have moved in that direction. marines and the army obviously are going to move in the same direction.
it is a different environment that requires a different level of physical stamina. we want to make sure we get the standards right. we don't want to over engineer them either, they ought to be fair. then we allow individuals of any sex to compete for the position. >> is it just physical standards? >> no, it not just physical standards. the standards we have for occupational -- for these military occupations or the military calls them ratings they including the from mental standards...
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Jan 29, 2013
01/13
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as i said at the outsaid, the environment is only getting tougher. to a certaindegree, yes, it is. >> when would you see empirical data suggesting that the tide is turning, though? i mean, would share -- i mean, would the end of share loss when it comes to the digital ad market, is that in the near future? >> no. i mean, look, google, it's growing somewhere between 30% and 40%. facebook around the same level. it's going to take a while for facebook to -- for yahoo! excuse me, to go from negative 5 to a positive. we think sometime by the end of this year, they may be flat to maybe slightly up. you know, we're not holding our breath on them growing as fast, or even faster than the industry as management continues to believe that they will be able to do. but in the meantime, we'll be looking at engagement to see month-to-month engagement, particularly on the mobile side. and also try to figure out or try to see the rollout of new products. that will be a precursor to them doing well over time. >> amazon, that's a big report we're all looking forward to
as i said at the outsaid, the environment is only getting tougher. to a certaindegree, yes, it is. >> when would you see empirical data suggesting that the tide is turning, though? i mean, would share -- i mean, would the end of share loss when it comes to the digital ad market, is that in the near future? >> no. i mean, look, google, it's growing somewhere between 30% and 40%. facebook around the same level. it's going to take a while for facebook to -- for yahoo! excuse me, to go...
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Jan 31, 2013
01/13
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what do you do in that environment? you make sure you're figuring out ways to grow organically. you make sure that you're continuing to be lean in your performance as best as possible. and you look at your portfolio. >> steve real quick in the board room confidence level if confidence was off the charts in 2007 at one to ten they were at a ten, what is it now? >> i think right now, six. and an opportunity, i'm really feeling some optimism, people think we're going to get it together in this country. >> steve thank you for being here this morning. >> thanks for having me. >> appreciate it very much. >> coming up, "squawk" is going to -- didn't have time top i tried to get some yes. tomorrow we have the kansas drummer. you really cleaned yourself up from when you were the guitar player for yes, steve howe, and the pitcher that actually he's dead i think so you're doing a lot better than him. >> i live a cleaner life. >> than either steve howe. tyler mathisen will join us to talk about his new documentary, speaking of steve howe. debt. it's a living. >>> tomorrow on "squawk box," i
what do you do in that environment? you make sure you're figuring out ways to grow organically. you make sure that you're continuing to be lean in your performance as best as possible. and you look at your portfolio. >> steve real quick in the board room confidence level if confidence was off the charts in 2007 at one to ten they were at a ten, what is it now? >> i think right now, six. and an opportunity, i'm really feeling some optimism, people think we're going to get it together...
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Jan 24, 2013
01/13
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. >> it's a stressful environment. >> reporter: outside pittsburgh when a water main broke in the middle of the night, single digit temperatures gushing watt near a sheet of ice. subzero temps aren't all bad if you like ice boating. skimming across the ice at speeds of up to 60 miles an hour in what looks like a menny kayak with a sail. for those who have to work outside -- >> as long as i bundle up, double bundle, i'm good. i have a lot of clothes on. >> reporter: maybe the best way to get by is thinking hot. >> key largo is a great place this time of year. >> reporter: ah, yes, key largo, been there many a time. let's look at the lowest temperatures overnight across the united states. check these out, mt. washington, new hampshire, 34 below, crane lake, minnesota, 27 below, sayre knack lake, new york, minus 23 and presque isle, maine, haven't been there yet, 23 below zero. out. we are balmy here by comparison. >> it's quite nice here and we should be counting our blessings. the folks we worry are the homeless. what are cities doing to help those who have absolutely nowhere to go? >> th
. >> it's a stressful environment. >> reporter: outside pittsburgh when a water main broke in the middle of the night, single digit temperatures gushing watt near a sheet of ice. subzero temps aren't all bad if you like ice boating. skimming across the ice at speeds of up to 60 miles an hour in what looks like a menny kayak with a sail. for those who have to work outside -- >> as long as i bundle up, double bundle, i'm good. i have a lot of clothes on. >> reporter: maybe...